Account Receivable Officer at Dangote Group

Dangote Group is one of Nigeria’s most diversified business conglomerates with a hard – earned reputation for excellent business practices and products’ quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria in West Africa.

We are recruiting to fill the position of:

Job Title: Account Receivable Officer

Ref ID: Finance-Obajana-004
Location: Obajana, Kogi
Employment Type: Full Time

Job Summary

• Ensure accurate and timely recognition and reporting of all revenue generated by the plant in the course of its business.
• Manage customers’ accounts ensuring accuracy and completeness.

Key Duties and Responsibilities

• Maintain an accurate and up-to-date record of all sales orders issued to customers.
• Confirm customer deposit into DCP’s bank account and post against customer’s account
• Reconcile customer accounts to the general ledger balances.
• Identify irregularities in the customer account reconciliation and work with the relevant Sales and Marketing staff to resolve these issues.
• Post necessary entries to correct errors/irregularities identified in customer account reconciliation.
• Review the commercial agreement entered in the database for each customer to ensure it complies with the written agreement.
• Proactively and efficiently execute work plans as approved by the Head, Plant Finance.
• Prepare/compile agreed periodic activity and performance reports for the attention of Head, Plant Finance and other relevant parties.
• Track customer bank guarantees and liaise with the relevant banks to ensure payment is made on the bank guarantee’s due date(s).
• Perform any other duties as may be assigned by the Head, Plant Finance
• Reconcile cash sales to sales orders and cash at the bank, on a daily basis.
• Recognise revenue on receipt of proof of delivery (invoice, waybill, haulage invoice, etc).
• Analyse cash/ credit sales vs. cement dispatch (weighbridge) vs. actual quantity of cement produced on a weekly basis; investigate and resolve all variances identified.
• Generate monthly Sales and Collection Report to aid management decision making.
• Resolve queries on customer account balance and provide account history where required.
• Generate customer ageing report and follow up with relevant staff in Sales and Marketing on due sales orders to ensure payments are received.

Key Requirements
Education and Work Experience:

• Bachelor’s Degree or its equivalent in Accounting or other related discipline.
• Minimum of ten (10) years relevant work experience.
• Relevant professional certification (e.g. ACA, ACCA, CIMA) will be an added advantage.

Skills and Competencies:

• Good understanding of trends, challenges, opportunities, regulations and legislations relating to the cement manufacturing industry.
• Good communication and interpersonal skills.
• Good organisational skills.
• Good data gathering, analysis and problem solving skills
• High ethical standards and integrity.
• Proficiency in the use of MS Office tools.
• Good knowledge and understanding of finance best practices, IFRS, and other applicable accounting standards.
• Good understanding of SAP and inventory control systems with a working knowledge of manufacturing processes.

Benefits

• Private Health Insurance
• Paid Time Off
• Training & Development

How to Apply
Interested and qualified candidates should:
Click here to apply